EarthLink Announces $328 Million Revenues for Q4 2006
EarthLink has announced the revenues of $328.2 million for the fourth quarter of 2006. For the full year 2006 EarthLink’s revenues reached $1.3 billion.
EarthLink has announced the revenues of $328.2 million for the fourth quarter of 2006. For the full year 2006 EarthLink’s revenues reached $1.3 billion.
EarthLink Q4 2006 Financial Results
– Broadband revenues: $150.3 million
– EarthLink added 29,000 net broadband customers in Q4 2006
– Advertising and other value-added services revenues: $24.2 million
– Narrowband revenues: $145.2 million
– Web-hosting revenues: $8.4 million
– Income from operations: $9.1 million
– Net loss: $24.8 million
– Adjusted EBITDA (a non-GAAP measure): $21.5 million.
EarthLink Fulls Year 2006 Financial Results
– Total revenues: $1.3 billion
– Income from operations: $75.6 million
– Net income: $5.0 million
– Adjusted EBITDA (a non-GAAP measure): $121.8 million.
Mike Lunsford, EarthLink interim CEO, said: “Our Internet voice initiative had its best quarter yet, and we recorded our record 14th consecutive quarter of growth from our value-added services. We continued our leadership position in municipal Wi-Fi networks, launching service in New Orleans, LA and Milpitas, CA and being selected by the city of Alexandria, VA to build, own and operate a municipal wireless network”. [source]
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About EarthLink
EarthLink is an Internet service provider. Serving over five million subscribers, EarthLink offers high-quality connectivity, minimal online intrusions and customizable features.
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